Alterity Therapeutics Limited

NasdaqCM:ATHE Stock Report

Market Cap: US$89.8m

Alterity Therapeutics Balance Sheet Health

Financial Health criteria checks 6/6

Alterity Therapeutics has a total shareholder equity of A$54.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$56.9M and A$2.7M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$49.20m
EquityAU$54.27m
Total liabilitiesAU$2.65m
Total assetsAU$56.92m

Recent financial health updates

No updates

Recent updates

Seeking Alpha Aug 25

Alterity launches phase 2 study of ATH434 for multiple system atrophy in UK

Alterity Therapeutics (NASDAQ:ATHE) said its phase 2 trial of ATH434 to treat patients with Multiple System Atrophy (MSA) was open for enrolment in the U.K. "In a short period of time we have now commenced enrolment in our second region, and we look forward to broadening our reach over the next several months," said Alterity CEO David Stamler. In July, the company had said it dosed the first patient in New Zealand in the phase 2 study. The trial is expected to enroll ~60 adult patients who will either receive one of two dose levels of ATH434 or placebo for one year. MSA is a rare disorder of the nervous system which causes gradual damage to nerve cells in the brain and can affect  breathing, digestion and bladder control.
Seeking Alpha Jul 06

Alterity begins dosing in mid-stage study of ATH434 for multiple system atrophy

Alterity Therapeutics (NASDAQ:ATHE) said the first patient was dosed in a a phase 2 trial of ATH434 in Multiple System Atrophy (MSA) MSA is a rare disorder of the nervous system which causes gradual damage to nerve cells in the brain and can affect  breathing, digestion and bladder control. The trial is expected to enroll ~60 adult patients who will either receive one of two doses of ATH434 or placebo for one year.
Seeking Alpha Sep 16

Alterity: The Alternate Prana With New U.S. Patents In Iron Chaperone Technology

Alterity has been granted notice of allowance by USPTO for a new group of iron chaperones that redistribute excess iron in neurodegenerative diseases. The Company’s iron chaperone technology has decent potential. The Company’s ATH434 is a promising candidate with initial focus on MSA.

Financial Position Analysis

Short Term Liabilities: ATHE's short term assets (A$56.8M) exceed its short term liabilities (A$2.6M).

Long Term Liabilities: ATHE's short term assets (A$56.8M) exceed its long term liabilities (A$65.5K).


Debt to Equity History and Analysis

Debt Level: ATHE is debt free.

Reducing Debt: ATHE has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ATHE has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: ATHE has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 2% each year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/04 10:59
End of Day Share Price 2026/08/03 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Alterity Therapeutics Limited is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
George ZavoicoB. Riley Securities, Inc.
Madeleine WilliamsCanaccord Genuity
Debanjana ChatterjeeJonesTrading Institutional Services, LLC